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9 January 2025 | 30 replies
These I have found are real, striving parents, working their butts off to provide the best housing and school system for their children.My ethos in this approach is exactly why we at LaPlante refer to them as Residents, as we consider "Tenant and Landlord" to be dated terms and rife with negative emotion.
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4 January 2025 | 2 replies
BP has built a great selection, all of them worth reading and that will help you build foundational knowledge.To answer this one: the words from old school investor Dolf De Roos "seldom sell" and you will find a lot of post on BP from people who regret selling properties in the past.
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20 February 2025 | 114 replies
Congrats, on both of those deals and, more importantly, on staying persistent to find your niche.Lots of misinformation on this thread.Andrey is not pitching anything or lyingHe is not expecting 30% IRR on every opportunityFinding and vetting trustworthy sponsors is not as hard as non-syndication investors thinkPerforming diligence on sponsors takes years, not hours or daysMany sophisticated LPs perform extensive diligence on sponsors and opportunities that is not discussed on BP (TLO reports on history of crime, bankruptcies, collections, credit, businesses owned, personal residence owned, employment, family members (including phone numbers), even traffic violations...the list goes on)Many LPs leverage sites like Ian's, 506 group, in-person conferences, and one another to analyze opportunities and sponsors together (it's a lot more sophisticated that the "what do you think about XYZ" posts on BP)There are tons of sponsors and opportunities that don't use short-term, bridge financing or max leverageMost are using 5-12 year debt, with inception LTVs in the 70s and year 2-3 LTVs in the 60s (and carry high reserves on top of that)The opportunities discussed on BP are only a small fraction of what's available in the marketPrudent syndication investing is just like anything else in life...it takes diligence and time.
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11 January 2025 | 14 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
31 December 2024 | 8 replies
-> WInding creek- Good schools, costly good rents.
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2 January 2025 | 13 replies
Verifying last 2 years of rental history very important!
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5 January 2025 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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4 January 2025 | 0 replies
When I was 22 I had to move from my home town to Las Vegas in pursuit of HVAC trade school.
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6 January 2025 | 5 replies
.), how litigious is your state, your own loss history/ratio as an individual investor, the carrier's overall loss ratio in a certain state/area, the deductibles you've elected, etc.
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7 January 2025 | 13 replies
So I get this referral from a relative about a tenant who has good credit score, no criminal history, and a good paying job.